Flag Turkey / Sweden Flag

2021
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Exports
: $1.74B, Rnk 32 / 218

2021
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Top Product
: $242M, Cars

2021
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Exports
: $1.83B, Rnk 17 / 219

2021
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Top Product
: $280M, Iron Ore

2021
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Economic Complexity (ECI)
: ECI 0.61, Rnk 42 / 131

2021
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Economic Complexity (ECI)
: ECI 1.54, Rnk 8 / 131

2021
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GDP
: $815B, CURRENT US$
Rnk 19 / 182

2011-2021
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GDP GROWTH
: -2.8%, CURRENT US$
Rnk 154 / 182

2021
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 GDP
: $627B, CURRENT US$
Rnk 22 / 182

2011-2021
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GDP GROWTH
: 9.29%, CURRENT US$
Rnk 133 / 182

2021
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GDP PC 
: $9,587, CURRENT US$
Rnk 68 / 182

2011-2021
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GDP PC GROWTH
: -16.1%, CURRENT US$
Rnk 155 / 182

2021
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GDP PC
: $60,239, CURRENT US$
Rnk 11 / 182

2011-2021
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GDP PC GROWTH
: -0.85%, CURRENT US$
Rnk 130 / 182

Turkey-Sweden In 2021, Turkey exported $1.74B to Sweden. The main products that Turkey exported to Sweden are Cars ($242M), Copper Ore ($93.2M), and Refrigerators ($61.1M). During the last 26 years the exports of Turkey to Sweden have increased at an annualized rate of 11%, from $116M in 1995 to $1.74B in 2021.

In 2009, Turkey exported services to Sweden worth $275M, with Travel ($272M) and Other business services ($3.1M) being the largest in terms of value.

Sweden-Turkey In 2021, Sweden exported $1.83B to Turkey. The main products that Sweden exported to Turkey were Iron Ore ($280M), Cars ($117M), and Scrap Iron ($113M). During the last 26 years the exports of Sweden to Turkey have increased at an annualized rate of 5.09%, from $505M in 1995 to $1.83B in 2021.

In 2020, Sweden exported services to Turkey worth $191M, with Personal, cultural, and recreational services ($60.1M), Computer and information services ($45.8M), and Transportation ($31.1M) being the largest in terms of value.

Comparison In 2021,  Turkey ranked 42 in the Economic Complexity Index (ECI 0.61), and 28 in total exports ($234B). That same year, Sweden ranked 8 in the Economic Complexity Index (ECI 1.54), and 32 in total exports ($185B).

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2021, Turkey exported $1.74B to Sweden. The main products exported from Turkey to Sweden were Cars ($242M), Copper Ore ($93.2M), and Refrigerators ($61.1M). During the last 26 years the exports of Turkey to Sweden have increased at an annualized rate of 11%, from $116M in 1995 to $1.74B in 2021.

In 2021, Sweden exported $1.83B to Turkey. The main products exported from Sweden to Turkey were Iron Ore ($280M), Cars ($117M), and Scrap Iron ($113M). During the last 26 years the exports of Sweden to Turkey have increased at an annualized rate of 5.09%, from $505M in 1995 to $1.83B in 2021.

Turkey Exports

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Sweden Exports

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Market Competitiveness

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Color

Turkey
Top Destination
: Germany, $19.8B

Sweden
Top Destination
: Germany, $19.1B

This map shows whether countries import more from Turkey or Sweden. Each country is colored based on the difference in imports they receive from Turkey and Sweden or the difference in the growth in imports.

In 2021, countries that imported more from Turkey than Sweden were Iraq ($11.1B), Italy ($11.6B), and Spain ($9.78B).

In 2021, countries that imported more from Sweden than Turkey were Norway ($17.4B), Denmark ($14.5B), and Finland ($11.9B).

Comparative Advantage Turkey - Sweden

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Flow
Scale

This chart compares trade between Turkey and Sweden by product, considering products traded by both, Turkey and Sweden.

During 2021, Turkey had a large net trade with Sweden in the exports of Textiles ($354M), Transportation ($349M), and Machines ($330M).

During 2021, Sweden had a large net trade with Turkey in the exports of Machines ($408M), Metals ($310M), and Paper Goods ($288M).

Bilateral Service Trade

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Tur Year

In 2009, Turkey exported services to Sweden worth $275M, with Travel ($272M) and Other business services ($3.1M) being the largest in terms of value.

In 2020, Sweden exported services to Turkey worth $191M, with Personal, cultural, and recreational services ($60.1M), Computer and information services ($45.8M), and Transportation ($31.1M) being the largest in terms of value.

Service trade data is presented based on availability.

Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Turkey has comparative advantage over Sweden. Similarly, the more yellow a dot/product is, the more Sweden has comparative advantage over Turkey.